Mark Stephens argues that Scotland’s new system of housing transaction tax should be allowed to bed down, but that as the Parliament’s Finance Committee considers “A Scottish Approach to Taxation” it should consider property taxation in the round.
Posts tagged ‘housing’
The Smith Commission has left the Scottish Parliament with no ability to redesign Housing Benefit. Professor Mark Stephens argues that this is a wasted opportunity.
Ed Miliband’s proposal to raise £1.2 billion by levying a ‘mansion tax’ on properties worth in excess of £2 million provides no solution to the unresolved issue of property taxation
Can you imagine selling your home for a price that is dependent on how energy efficient it is? That is a possible future in store for Scotland under the new Land and Building Transaction Tax (LBTT), being discussed this Wednesday (5th June, 2013) at the Scottish Parliament’s Finance Committee.
Rising house prices are not just a kind of “free money” or an alternative pension, Professor Chris Leishman warns. As Britain’s housing crisis continues to deepen due to increasingly scarce and expensive housing, he has embarked on a new research project that aims to find a way to reform property taxation fairly, and help to stabilise house prices.
Key findings of the Poverty and Social Exclusion (PSE) Project, published today in its first report ‘The Impoverishment of the UK’.